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    900 Runway Drive Conway, AR 72032

    Sponsored
    Source: https://www.naisullivangroup.com
    For Sale
    $1,150,000

    15,298 SF industrial building on 1.09 acres, Conway, AR. High income potential.

    Property size:
    15,298 SF

    Description

    Added:
    Apr 1, 2025
    Days on Market:
    281
    This Conway, Arkansas industrial property, located at 900 Runway Drive, offers a compelling investment opportunity. The 15,298 square foot building sits on 1.09 acres of land and is currently 72% occupied, generating a net operating income of $62,843. The property is zoned I-3 and features a metal building construction with four grade-level doors, a 12-foot clear ceiling height, and 800 amps of power. A newly remodeled office area complements the substantial industrial service area. Currently, 4,258 square feet is available for lease at $7.00 per square foot, triple net (NNN). The asking price for the entire property is $1,150,000. This property is ideally situated just west of Interstate 40 at the 6th Street exit, providing excellent access to major transportation routes. The combination of existing income, lease potential, and strategic location makes this an attractive investment for buyers seeking a strong return.

    Property Features for 900 Runway Drive

    General Information

    Property type
    Other industrial properties
    Square Feet
    15,298 SF
    Price / Square Foot
    $75
    Elevators
    N/A
    Net Rentable
    15,298 SF
    Lot Size
    47,480 SF
    Occupancy
    72%
    Net Operating Income
    $62,843

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 15,298 sq ft industrial building on 1.09 acres in Conway, AR.
    • $1,150,000 sale price, or $7/sq ft NNN lease.
    • 72% occupancy, generating $62,843 annual income.
    Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Hair Salon Gym & Fitness Auto Repair Shop Wholesale Shop Skin Care Clinic Kitchen & Bath Department Store Food Market HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Conway
    State
    Arkansas
    Longitude
    -97.953611
    Latitude
    35.507515

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    FAQs

    What type of property is this?
    Industrial property - 15,298 SF industrial building on 1.09 acres, Conway, AR. High income potential.
    Where is this industrial property located?
    The property is located at 900 Runway Drive Conway, AR.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: 15,298 sq ft industrial building on 1.09 acres in Conway, AR.; $1,150,000 sale price, or $7/sq ft NNN lease.; 72% occupancy, generating $62,843 annual income.
    (405) 641-9798
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    900 Runway Drive Conway, AR 72032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    900 Runway Drive Conway, AR 72032
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